SecurityScorecard Offers Recommendations to Strengthen Cybersecurity in Fintech Market
Summary: The latest report from SecurityScorecard reveals key vulnerabilities in the fintech sector, indicating that over 40% of cybersecurity breaches stem from third-party vendors. The analysis of 250 fintech companies highlights the necessity for improved risk management and security practices, especially given the sector’s vital role in global finance. Source: The Fintech Times Key Points […]
Teen Hacker Admits to Breaching Data of 70 Million Pupils and Teachers in Shocking US Cyberattack
Summary A teenager from Massachusetts, Matthew D. Lane, has pleaded guilty to hacking one of the largest breaches in the US education sector, compromising data of over 70 million students and teachers. The breach has spurred urgent discussions about the need for enhanced cybersecurity in schools as sensitive personal information was stolen, raising concerns amongst […]
Explicit deepfakes are now a federal crime. Enforcing that may be a major problem.
On May 19, President Trump and First Lady Melania signed the first major tech regulation called the bipartisan Take It Down Act. This new law aims to criminalise the nonconsensual distribution of intimate images (NDII) and provide victims a pathway for redress. While some experts view it as a necessary move to compel social media […]
London’s Digital Backbone: How Local Businesses Are Reinventing Operations with Smarter IT
London’s small and medium-sized enterprises (SMEs) are undergoing a quiet but transformative revolution. No longer confined to traditional office spaces and legacy systems, these businesses are rapidly embracing cloud platforms, AI-powered tools, and advanced cybersecurity frameworks in a bid to stay competitive, agile, and secure in an increasingly digital-first world. As the city continues to […]
Most Jobs for Gen Alpha Don’t Exist Yet-Here’s What They’ll Be
As technology and society evolve at breakneck speed, Gen Alpha (those born between 2010 and 2025) will be stepping into a job market filled with roles we can only dream of right now. From AI co-designers to synthetic data experts, the work landscape is about to get seriously interesting. Source: Newsweek Key Points Approximately two-thirds […]
Feds charge 16 Russians allegedly tied to botnets used in cyberattacks and spying
Summary The US Department of Justice has recently charged 16 Russian nationals linked to the DanaBot malware operation, which has allegedly facilitated numerous cyberattacks and espionage activities globally. This malware has infected over 300,000 machines and has a history of being used for both criminal and state-sponsored hacking operations. Key Insights The DanaBot malware has […]
Cybersecurity Expert Answers Hacking History Questions
In this engaging piece, cybersecurity architect Jeff Crume answers a range of intriguing questions about the history of hacking, touching upon influential hackers, famous hacking events, and the evolution of cyber threats. From discussing the notorious Kevin Mitnick to the impact of the infamous Stuxnet virus, Crume provides insights that span from the early days […]
AI videos on TikTok are tricking users into downloading malware
Cybercriminals have taken a creative approach to spread malware via TikTok, using AI-generated videos to lure unsuspecting users. These videos promise free software and features, but users unknowingly execute harmful commands instead. Key Points Criminals use TikTok videos to trick users into downloading malware by promising free software like Windows and Office. The videos cleverly […]
UK exposes Russian cyber campaign targeting Ukraine aid
The UK has revealed a coordinated cyber campaign from a Russian military unit, aimed at disrupting aid efforts for Ukraine. This nefarious scheme has been traced back to the notorious GRU Unit 26165, also known as “Fancy Bear.” Through a joint investigation with allies including the US, Germany, and France, the UK’s National Cyber Security […]
Quantum Leaps, Corporate Chaos
Welcome back to The FAIK Files! This week’s episode dives into the rapid advancements in quantum computing, the chaos of an AI-run company, Microsoft’s new AI support in Windows, and an amusing mistake from the Chicago Sun-Times. Key Points Quantum computing is advancing at breakneck speed. Professors have created a fake company staffed entirely by […]
